Tenax Therapeutics' (TENX) CEO John Kelley on Q4 2015 Results-Earnings Call Transcript.
Answer Wiki. I honestly don't think there's a plus to a debit card. It's not as secure as credit (if you get theft ed say goodbye to your money), there's no perks, and there could be potential fees (overdrafting, etc). Other then getting money from ATMs, I can't think of a reason to use them. The minus for credit is the ease of debt.
I owe you a debt of gratitude.. Simply put, I owe you one.. Debit is an accounting term. Every financial transaction is made up as least one debit and one credit (its inseparable partner). They simply signify the left or right side of any particular general ledger account. Debit and credits are equal, but opposite actions, when recording accounting transactions.